Rehiring Retired Faculty
The university has established procedures regarding the employment of faculty (and staff) who have retired from Virginia state service through VRS, ORP, and VaLORS. These procedures conform to VCU's retirement plan documents. Failure to adhere to these guidelines can jeopardize the qualified tax status of all VCU retirement plans or may result in the IRS assessing a penalty or excise tax to the retiree. HR professionals/associates may be asked to provide guidance on the re-employment of retirees and prepare/coordinate the approval form. Below is an HR link which outlines the process for re-hiring faculty (and staff), including the approval form: